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<Research>BofAS: SINOPEC CORP (00386.HK) 1Q Results In Line; Rating Buy
Recommend 7 Positive 11 Negative 6 |
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SINOPEC CORP (00386.HK)'s 1Q26 net profit after tax rose 27% YoY to RMB17.7 billion, broadly in line with market consensus, BofA Securities published a research report saying. The market will focus on issues like oil procurement costs, by-product prices, insurance & freight, inventory levels and refining & chemicals utilization rates and margins at the analyst briefing, the broker added. Therefore, BofA Securities kept rating at Buy for the Company's H-shares, with a target price of $5. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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